Osprey Technology Solutions Enhances Offerings with Lanworks Buy

Osprey Technology Solutions Expands Its Portfolio

Osprey Technology Solutions Acquires 100% of Lanworks

Osprey Technology Solutions has successfully completed the acquisition of Lanworks, a leading provider of network infrastructure and managed IT services. This strategic move is expected to enhance Osprey's service offerings and strengthen its position in the IT solutions market.

Key Highlights of the Acquisition

The acquisition brings several key benefits that are set to positively impact both companies and their clients:

Enhanced Service Portfolio

Osprey Technology Solutions will integrate Lanworks' managed IT services along with advanced network and security solutions. This integrated approach expands the service portfolio to include advanced cybersecurity measures, cloud solutions, and comprehensive network management capabilities.

Innovation and Expertise

The acquisition allows Lanworks’ team of experienced professionals to join Osprey and bring their expertise to the table. This collaboration is expected to drive innovation and the development of new, enhanced solutions for clients.

Commitment to Client Success

Both organizations are dedicated to delivering exceptional client service. This acquisition emphasizes Osprey’s dedication to providing outstanding value and support, ensuring a smooth transition and continuous high-quality service delivery.

“We are excited to welcome Lanworks into the Osprey Technology Solutions family,” stated Leigh Plumley, President and CEO of Osprey Technology Solutions. “This acquisition aligns perfectly with our strategic vision and enhances our ability to deliver comprehensive IT Managed Services. Lanworks’ strong reputation, built over 38 years, will complement our growth strategy significantly.”

Both Eva Kostiuk and Eric Rydzkowski, Co-founders of Lanworks, expressed their enthusiasm about combining forces with Osprey. “This opportunity will create a robust platform for growth and innovation, helping us continue to serve our clients effectively,” they shared. Eric Rydzkowski will continue leading Lanworks as President.

Wilf Rapp, Managing Partner & Co-Founder at Tequity, commented, “The MSP market is experiencing dynamic changes. The acquisition of Lanworks by Osprey is set to create extraordinary value and opportunities for both entities.”

For additional inquiries regarding the acquisition or to learn more about Tequity, please reach out to Diane Horton, Managing Partner & Co-Founder at Tequity Advisors, for further details.

About Tequity

Tequity specializes in partnering with Enterprise B2B SaaS, Cloud, and Managed IT companies to assist in growth and navigate exit strategies through mergers and acquisitions. With extensive experience and a vast network of strategic buyers, Tequity is committed to creating successful transactions and maximizing value for its clients.

About Lanworks

Lanworks excels in delivering high-quality network infrastructure and managed IT services. With a solid track record of 38 years, they are dedicated to providing exceptional service and innovative solutions to their clients.

About Osprey Technology Solutions

Osprey Technology Solutions, a collective of industry investors and operators, aims to revolutionize the Managed Service landscape across North America by focusing on the acquisition of profitable MSPs committed to a delivery-first mindset.

Frequently Asked Questions

What does the acquisition mean for clients of Lanworks?

Clients will benefit from an expanded service portfolio that includes enhanced cybersecurity and cloud solutions.

Who are the key leaders involved in this acquisition?

Leigh Plumley is the CEO of Osprey, while Lanworks will be led by its co-founders, Eva Kostiuk and Eric Rydzkowski.

How will Osprey Technology Solutions change after this acquisition?

The acquisition will enhance Osprey's capabilities and service offerings, positioning it for further growth in the managed services market.

What is the future vision of Osprey Technology Solutions post-acquisition?

Osprey aims to integrate the innovative capabilities of Lanworks and expand its footprint across North America.

What should potential clients know about the combined companies?

Clients can expect a seamless transition and continued excellence in service delivery from the combined expertise of both organizations.

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